United Wire Factories Company (SASE:1301) signed a Memorandum of understanding to acquire ALRAEDA INDUSTRIAL INVESTMENT Company on November 13, 2023.This memorandum shall be effective from the date of its signature and for a period of 180 days, subject to renewal with the approval of both parties. The two parties also agreed to determine the value of the final deal after completing the evaluation and due diligence audit.
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5-day change | 1st Jan Change | ||
32.8 SAR | -3.39% | -6.02% | +9.70% |
May. 16 | United Wire Factories Logs Higher Q1 Profit; Revenue Falls | MT |
May. 13 | Aslak Extends MoU to Buy Al-Raeda Industrial Investment Stake | MT |
1st Jan change | Capi. | |
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+9.70% | 246M | |
-5.08% | 2.47B | |
+26.53% | 1.65B | |
-14.51% | 1.53B | |
+14.55% | 1.43B | |
-8.24% | 1.37B | |
-6.99% | 1.12B | |
-0.57% | 971M | |
+13.39% | 765M | |
-.--% | 693M |
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- Wire Factories Company signed a Memorandum of understanding to acquire ALRAEDA INDUSTRIAL INVESTMENT Company.